Part-time entrepreneurship in the third age: well-being and motives

Viljamaa, Anmari; Joensuu‐Salo, Sanna; Kangas, Emilia

doi:10.1080/13215906.2021.2000483

Cited by 11 publications

(8 citation statements)

References 67 publications

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“…La mayor proporción de personas mayores se presenta como una oportunidad para mejorar su tasa de actividad profesional (Niewiadomska y Sobolewska-Poniedzialek, 2020;Sawinska, 2018). También se abre la posibilidad a incentivos para que los empresarios de la tercera edad sigan trabajando a tiempo parcial después de la jubilación y así contribuyan activamente a través de su propia autorrealización (Viljamaa et al, 2021). Igualmente, se pone el foco en cómo gestionar en las empresas a los empleados de edad avanzada (Warwas, 2019) pues se han identificado dos tendencias: el aumento de la edad media de los trabajadores y el crecimiento de colectivos laborales mixtos, que contienen empleados de distintas edades (Desfonteines et al, 2019).…”

Section: Resultsunclassified

Investigación sobre la producción científica en relación con la silver economy

Baños-Martínez

Mendizábal

2022

revTECHNO

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El objetivo de esta investigación, basada en una revisión bibliográfica, es dar a conocer una nueva realidad asociada al envejecimiento, la silver economy o economía plateada, que presenta un gran potencial no solo por los recursos económicos que prevé movilizar sino también por el protagonismo y relevancia con los que se dota a las personas mayores como consumidores de productos y servicios especializados. Los resultados dejan nítida la imagen de un escenario en construcción, donde las instituciones europeas buscan dar visibilidad e impulso a esta realidad pero la sociedad aún no está completamente preparada para integrar este cambio.

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Section: Resultsunclassified

Investigación sobre la producción científica en relación con la silver economy

Baños-Martínez

Mendizábal

2022

revTECHNO

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“…As stated earlier, hybrid entrepreneurship is defined as "the engagement in self-employment activity while simultaneously holding a primary job in waged work" (Demir et al, 2020, p. 29). While the present paper adopts Marshall and colleagues' (2019) part-time entrepreneurship (PTE) measure, the term "hybrid entrepreneurship" is now the more generally accepted term for an individual engaging in both wage work and entrepreneurial activities (Demir et al, 2020;Viljamaa et al, 2022). This preference is partly because the term "part-time entrepreneurship" is also used to describe retirees engaged in entrepreneurial activities (Viljamaa et al, 2022) or individuals on parental leave (Demir et al, 2020).…”

Section: Hybrid Entrepreneurshipmentioning

confidence: 99%

Hybrid entrepreneurship, job satisfaction and the spillover effect of creativity

Crider,

Aghaey,

Lortie

et al. 2024

IJEBR

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PurposeThe purpose of this study is to empirically examine how individuals’ hybrid entrepreneurial venturing activities (HEVA) influence key characteristics associated with one’s wage work, namely creativity and job satisfaction.Design/methodology/approachThrough a cross-sectional self-administered survey design, data were gathered from 465 US-based useable responses via Amazon Mechanical Turk and analyzed using structural equation modeling (SEM).FindingsFindings show individuals reporting higher levels of HEVA – such as creating, founding, starting or running – tend to also exhibit higher levels of creativity and job satisfaction in their workplaces. Findings further reveal that income negatively moderates the relationship between creativity and wage work job satisfaction.Practical implicationsBy providing a better understanding of how engaging in HEVA can impact creativity and job satisfaction, this study has important implications for (1) managers seeking to influence key employee outcomes and (2) employees considering such entrepreneurial activities.Originality/valueThis paper adds to the growing scholarly and practitioner interest in hybrid entrepreneurship and its outcomes. Specifically, the paper adds new insights regarding how engaging in HEVA can influence individual skills (i.e. creativity) or organizational goals (i.e. employee job satisfaction). In doing so, the paper also uses insights from the intrinsic/extrinsic motivation literature to suggest how extrinsic motivators (such as income) can interact with intrinsically motivated behaviors (such as creativity) in influencing employee outcomes in wage work. Finally, the paper contributes to the growing interest in applying the empowerment perspective within entrepreneurship research by exploring where and how empowerment may occur.

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“…Older founders may also be not ready to accept the sunk cost and hence not willing to make an earlier exit decision (DeTienne and Cardon, 2012). Moreover, older founders continue with venture creation as this is their opportunity to keep using their skills acquired over the years, and remain socially active (Viljamaa, Joensuu-Salo and Kangas, 2021).…”

Section: Nascent Entrepreneur's Age and Duration To Exitmentioning

confidence: 99%

Founder's Human Capital and the Entrepreneurial Process Duration

Shahid¹

2023

Preprint

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This thesis presents three quantitative empirical studies, utilising two US cohorts from the harmonised Panel Study of Entrepreneurial Dynamics (PSED), to advance our understanding of the relationship between nascent entrepreneurs’ human capital and duration to different entrepreneurial outcomes. Each chapter provides a distinct perspective across three dimensions: (1) human capital, age and sector impact duration to a profitable outcome, (2) the association of human capital and age with the founder’s exit; and finally, (3) human capital impact on the duration to a profitable outcome with a different spatial scope of sales. Following the introductory chapter, in chapter 2, the human capital perspective is used to investigate how the level of human capital and the founder’s age influence the likelihood of profitable venture creation in a shorter duration. This chapter extends research in nascent entrepreneurship that hitherto has largely overlooked the duration perspective to an entrepreneurial process outcome. This chapter stresses that hi-tech start-up particularly benefits from the nascent entrepreneur’s higher educational attainment in terms of shorter duration until the profitable outcome, and find that age has a non-linear relationship with the speed of the profitable venture outcome. Chapter 3 examines how a founder’s human capital factors and age influence the likelihood of a founder’s exit, and duration to an exit, from the entrepreneurial process. This chapter also extends its focus to human capital interactions to establish which combinations are more likely to reduce an earlier prospect of a founder’s disengagement from the entrepreneurial process. The chapter, also adds to the literature on how founders, with higher human capital, learn quickly and make intelligent choices to disengage without incurring heavy personal and societal costs. A non-linear relationship is found between the founder’s age and the duration to disengagement. Finally, chapter 4, seeks to understand how a founder’s human capital affects the profitable outcome, and the duration to such an outcome, at the different spatial scopes of sales. This paper takes a new approach and adds to the international entrepreneurship literature by clarifying how the founder’s human capital factors impact rapid (born global) and incremental (international new ventures) spatial scope strategies differently. Among the general human capital, a university degree is valuable across all types of spatial scopes of sales in terms of profitable venture creation in a shorter duration. However, start-up experience (specific human capital) only tends to be vital for international scope in terms of the shorter duration to create a profitable new venture. Altogether, the thesis advances our understanding of the important role of the founder’s human capital dimensions in nascent entrepreneurship, in the duration either to a profitable venture creation or to exit, which is underdeveloped in the existing literature. The thesis paves the way for future, both theoretical and empirical research, into nascent entrepreneurship process duration by analysing the direct effects of various aspects of social capital.

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Part-time entrepreneurship in the third age: well-being and motives

Cited by 11 publications

References 67 publications

Investigación sobre la producción científica en relación con la silver economy

Investigación sobre la producción científica en relación con la silver economy

Hybrid entrepreneurship, job satisfaction and the spillover effect of creativity

Founder's Human Capital and the Entrepreneurial Process Duration

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